The Government Finance Officers Association of the United States and Canada (GFOA) has awarded its Certificate of Achievement for Excellence in Financial Reporting to the College of Charleston for the Division of Business Affairs‘ comprehensive annual financial report of the fiscal year ending June 30, 2020. Business affairs also received an Award of Financial Reporting Achievement for its work.

The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management.

The College’s financial report was judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate potential users and user groups to read the report.

GFOA advances excellence in government finance by providing best practices, professional development, resources and practical research for more than 21,000 members and the communities they serve.